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Tag: power

Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners

October 3, 2021 wp-bot Bitcoin News

The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto

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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

September 11, 2021 wp-bot Bitcoin News

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed

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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

September 2, 2021 wp-bot Bitcoin News

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes

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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners

July 24, 2021 wp-bot Bitcoin News

The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in

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Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume

July 19, 2021 wp-bot Bitcoin News

An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is

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China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports

July 14, 2021 wp-bot Bitcoin News

Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power

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